OFF MARKET

79 Princes Street
Sandy Bay TAS 7005

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Floor area: 211m2
Land area: 459m2
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Property Details for 79 Princes St, Sandy Bay

79 Princes St, Sandy Bay is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1900. The property has a land size of 459m2 and floor size of 211m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
House
Year Built
1900
Floor Size
211m2
Land Size
459m2
Local Government
Hobart
Lot/Plan
1/148134

Last Listing description (November 2018)

This exceptionally charming character home is in need of some TLC but offers not only as is a very good investment property, due to its location but also the opportunity to value add and enhance the original features still intact.

The level sunny and secure backyard provides ample space for a deck, veggie garden and play area for the children and domestic pets and the floorplan offers spacious, variable accommodation with the opportunity to reinstate to a beautiful family home. There is a massive area within the attic and roof cavity for a parents retreat which would potentially capture wonderful urban and harbour views. With its 'Fairytale' facade this property displays excellent street appeal reflecting elements of its era which according to Heritage records was around the early 1900's.

This property would be an ideal entry to the Sandy Bay market with its numerous options and possibilities and the rarity of 3 off street car spaces including carport. Only metres to the popular Princes Street primary school and a short stroll to the University of Tasmania, Sandy Bay shopping hub, beaches, yacht clubs and recreational facilities. Presently tenanted at $600 per week hence inspection by appointment only.

Property History for 79 Princes St, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$760,000
02 Oct 2018
Listed for Rent
$600/w
30 Apr 2018
  • 02 Oct 2018
    Sold for $760,000
  • 13 Sep 2018
    Listed for Sale Buyers looking in the $770,000+ price range
  • 27 Mar 2018
    Listed for Rent $600 / week
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About Sandy Bay 7005

The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23% of total area. The population of Sandy Bay in 2011 was 11,156 people. By 2016 the population was 11,925 showing a population growth of 6.9% in the area during that time. The predominant age group in Sandy Bay is 20-29 years. Households in Sandy Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandy Bay work in a professional occupation. In 2011, 63.1% of the homes in Sandy Bay were owner-occupied compared with 61.5% in 2016.

Sandy Bay has 5,841 properties. Over the last 5 years, Houses in Sandy Bay have seen a 37.00% increase in median value, while Units have seen a 19.52% increase. As at 31 October 2024:

  • The median value for Houses in Sandy Bay is $1,320,252 while the median value for Units is $648,147.
  • Houses have a median rent of $620 while Units have a median rent of $495.
There are currently 27 properties listed for sale, and 16 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 184 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.